Schedule E for PTP basis calculation required checkbox

[mhkdgal]

Client has a K-1 from a PTP that shows a loss in box 1 and also shows he received a distribution from the partnership.  Lacerte is not putting a check in the basis calculation required box on page 2 of the Sch E.  Shouldn't it have the basis calculation required box checked?

[George4Tacks]

From Schedule E instructions:

"If you had a loss from a partnership that was not allowed last year because of the basis rules, but all or part is allowed this year, see Line 27, later, for how to report it."

Do you have a loss reported on line 28? 

[mhkdgal]

There is no loss reported on line 28 of the Sch E.